Holiday Homes-Emerging real estate segment in India

With a growing number of second-home buyers instantly opting for holiday apartments or homes, in this article we will be having a glance at the benefits that this segment gives and the areas or location that holiday home buyers prefer to invest in.

Invest in second homes, is basically motivated by a section of buyers, who would like to seek profits out of real estate investments or keep it for prestige. Nowadays we Indians have been investing in second homes for quite some time, but people these days are currently shifting their attention to something which offers them more personal utility, like a holiday home for a short vacation.

The holiday home provides them to experience the additional benefit of a weekend holiday at an owned space. Further, such properties also give the option of temporary vacation home renting to other people by listing space on portals providing such temporary rental options like Myrsa. And indirectly earning extra income from the tourism potential of the property address. Homestays as holidays have grown a profitable market, now.

Indians who purchase holiday homes, lead to having greater disposable earnings and belong to middle and top management groups. Such buyers are usually in the age category of 35-45 years. The motive behind investing in a second home is either for investment purpose or weekend getaways or short trips for relaxation. With workload increasing day by day in corporate life, people prefer to relax in some location that’s just drive through or easily reachable and scenic too.

In this article, we will be discussing various options available for different cities in India and their adjoining locations that can be one of the options to choose from.

Related Post: 5 Steps to Increase Conversion and Rent Out Your Property Faster

Mumbai

For Mumbai and Pune residents, some of the favored locations are Lonavala, Alibaug, Karjat, and Goa. Lonavala has been by far the favored most locations because of its or its greenery and pleasant atmosphere and easy connectivity with Mumbai and Pune residents. Also, there is a large number of properties in the pipeline for row-houses and bungalows, from leading developers providing good construction work. There is also a healthy demand for open plots, in Lonavala which some people choose to buy and build their own rowhouse or bungalows.

Alibaug is also a preferred area for Mumbaikars as it has easy accessibility both roadways and waterways like ferry who prefer coastal areas. Karjat also offers affordability and serenity as its primary USPs.With the temperature prevailing comfortable round the year, it draws people from Mumbai and Pune. Increase in the tourist base and gaining interest in activities like rappelling, kayaking, and boat rides promise attractive returns to investors and second homeowners. Also, such locations mentioned providing a good opportunity for temporary renting to people who wish to have weekend getaways during long weekends

Delhi

Delhi being close to Haryana and Himachal Pradesh, which hosts India’s best hill stations Shimla and Dharamshala. The tourism has given a boost to the real estate sector in Himachal Pradesh. The first one to see real estate boost, Shimla’s realty sector has now reached a saturation point as options available now are far from the city in the outskirts. So buyers may consider upcoming destinations like Manali, Kullu, Chamba, Chail, Dharamshala, Kasauli, and Solan which offer numerous residential options that’s close to nature and scenic with easy availability of essential amenities.

Chennai

When we look at the southern part of India, in the south, Puducherry is a favored destination for residents of Chennai and it has many second home choices available, from regional and national developers. For buyers located in Bangalore, Mysore is the favorite location to choose from as its scenic and easily reachable to them.

Kerala

For buyers residing in Kerala, which has also emerged as a popular destination of late. When you are aspiring to buy an apartment for a secondary purchase, carefully pick the location. There are several places in Kerala that are gifted with scenic beauty, like Kovalam, Kochi, Munar, and Alappuzha that experiences that higher count of the travelers. Try to pick a property near these places.

Lets Conclude

Nevertheless, not everyone can locate an ideal alternative close to one’s home. Price factor and the lifestyle quotient, also act significant roles, when hunting and exploring for a second home. Purchasing or Investing an affordable home nearby or neighboring to the workspace or a bustling marketplace, may also not be feasible, when it comes to locations for holiday homes in Major cities like Mumbai, Pune, Delhi, Chennai, etc. Consequently, while the mindset towards holding a second home is gradually evolving, people are seeing for innovative concepts that give affordability, ROI and also lets one enjoy holidays at their own homes, in between. Also, leverage and earn from second homes, occasionally when demand is more especially during long weekends

August 28, 2019 1

How to monetize Fitness Space by using it for various Dance forms?

Dance is becoming popular not as an Art Style but new fitness mantra. In olden days dance was just practiced by people who loved or had an affection towards various dance forms like Bharatnatyam, Kathak, Kuchipudi, Lavani and so on. Such dance forms varied in India from state to state. Like, Maharashtra is famous for Lavani and Kerala for Kathakali. Dance is now being treated more as a fitness formula and an also becoming more popular as fitness business idea than just an art.

India is transforming 360 degrees and this transformation is bringing positive results in the lives of people. We are these days leveraging facilities of space in our areas like society clubhouses on rent, halls, garden areas or lawns that are best places to conduct Yoga classes. Such spaces are also being used to conduct fitness activities like Yoga, Zumba and so on. In this article, we will be highlighting such dance activities which are now being taken up as fitness or workout activities with various age groups and.Let’s discuss different forms of Dance Workout Routines.

Related Post: Essentials to Open a Dance Studio

Aerobic

Aerobic workouts are amazing and the most popular forms of exercise for a decade as Fitness spaces for rent are readily available. Dance is an aerobic exercise, conducted in a similar form as other aerobic classes. While the dance technique may differ, class structures are more or less the same. Generally, class begins with a warm-up session, which may go on anywhere between 5 to 30 minutes and involve exercises to raise your body temperature and flow of blood in the body, and stretch your muscles. The warm-up period will transform into a rigorous dance routine aimed to boost your heart rate and get you pushing and sweating, concluding with 5 to 10 minutes of cool-down exercises to further overcome and lessen muscle soreness.

Jazzercise

Jazzercise is a perfect dance-fitness routine and one of the numerous well-known dance workouts these days. These hour-long sessions mix jazz dance with strength training, as well as Pilates, yoga and also some parts of kickboxing, all set to today’s popular music, from favorite Top 40 songs to country and everything in between.

Zumba Classes

If you are hunting for an upbeat and intense form of exercise, look for Zumba class locations, belly dancing, salsa dancing classes. Zumba is being taken as a profession by many people and evolving as fitness business ideas. Zumba, for instance, is a workout performed to a Latin beat. Such sessions will have you sweating to hip-hop and other vigorous and energetic music. It mixes calorie-burning cardio exercise with a core muscle exercise and interval coaching to maintain and help tone and sculpt your body.

Yoga Classes

For people who are in search of a different type of intensity in their dance workout, watch for Yoga Trance Dance. Yoga Trance Dance is a free-flowing activity that mixes yoga postures, meditation, and free-form action leading into combined energy. Nia is another type of workout is made up of 52 movements that mix dance, martial arts, and remedial arts, and it manages your core muscles and upper limbs.

Ballroom Dancing

Ballroom dancing might not be the like the most vigorous and strenuous aerobic dance to do, but it is surely having lots of benefits. It is a reasonable activity and is promoted throughout the world. The only downside with this type of dance form is that you cannot simply do it alone, you need a companion. You need a partner for the purpose. Once you have discovered someone to dance with, you are certainly going to have a fabulous experience that is combined with exercise. This type of dance helps to tone muscles, burning calories, great for bones and increases confidence. So ballroom dancing should not be underestimated since its slow but works excellent as a form of exercise.

Belly Dancing

Belly Dancing is elegant and fascinating. It developed from Arabic countries such as Egypt and Turkey many years ago. The name is totally western and is a single and solo dance style where body articulation is a must. There are various forms of belly dancing, and each one has its individual style. It does come under the level of aerobic dances and is practiced these days in fitness classes too. Reason of it becoming popular day by day it because of its host of benefits like it helps with a new experience and simultaneously improves your fitness level.

Dance-fitness classes are accessible for beginners, intermediate and advanced fitness levels. Just search on the web – “yoga class near me” or “fitness class near me”, you will get loads of locations available around you conducting such dance classes. Some provide more of a workout than others. You can select the perfect dance style that suits you.We at Myrsa provide a platform to people looking out for temporary spaces for rent to conduct various fitness classes.

August 21, 2019 0

How to Choose a Co-Working Space Wisely?

Firstly what is Coworking? It is a business service provision model that involves individuals working independently but in a shared office. Mostly user of a co-working space is a self-employed or a freelancer. It is also beneficial for businesses who want to provide more equipment and space for their employees which they can’t afford otherwise.

Larger enterprises sometimes also opt co-working to provide facilities and space for larger number employees they may higher than normal number hired. In cases like this, one must maintain a number of people hired as their services are shared. Every owner of space provides a work environment, amenities and office equipment found in a typical office.

These are some typical features of coworking facilities include:

Shared Workspaces.
24/7 access.
Rental conference and/or board rooms.
Internet services
Communal printer/copier/fax.
Shared kitchens, bathrooms, and lounges.

Earlier in days if you were an entrepreneur, freelancer, the only choices in front of you for setting up a business were either out of the home of course or any temporary spaces on rent. Thankfully now we can witness the things changing, as the risk-taking ability of entrepreneurs has increased and changed drastically. Funding for a good idea is now possible with figuring out a solution for basic problems that have become so normal.

Here are some essential points you need to consider before taking up a co-working space :

Ask For Trial Period :

Most of the coworking spaces currently offer potential customers to experience the space for a day or two. Therefore, asking for trial is very beneficial and lets you experience whether space is comfortable to your working style. A trial will always make you understand the space better with the vision of how the working will be executed.

Considering the office equipment and amenities, surroundings matter a lot while taking up co-working space, noise levels around must be considered as there should not be any disturbance to your working style due to others. There should not be any disturbance due to a fully occupied space. Also, the availability of quite rooms, conference meeting rooms for discussions. Thus, getting a preview before signing up for the co-working space is crucial.

Know the cost :

The most important point to be taken into consideration is to know the cost. This is a significant aspect when determining the best and ideal co-working space. Different daily, weekly or monthly plans of availability, help to identify the one which fits in your budget.

Some spaces may charge extra for facilities like the dedicated desk, stationery, photocopy and print outs, WiFi, over a certain limit. But basic facilities like water purifies, bathrooms, electricity should not be charged extra as these facilities are which are primary. It is also advisable to know its membership cancellation policy.

Identify the amenities:

As mentioned earlier most co-working spaces provide basic office amenities like high-speed WiFi, desks, chairs, meeting rooms, coffee machines, water dispensers, washrooms, etc. However, it is always good to be informed about the upper limit of the user or a certain limit.

In some shared spaces they provide fixed working hours, therefore it is important to check whether your working hours align with the facilities and flexibility it can offer you. It is important to clear all the ‘ifs’ and ‘buts’ before confirming the deal which will help you in the future. Before taking the final decision, be careful and think twice about the services that you will be using and the money you are going to end up spending.

Be cognizant of the commute :

Nothing is more annoying and tiring than being stuck in traffic especially while reaching your office for work. As most of the coworking spaces are located at prime locations, commercial areas, cities, being aware of the time spent traveling during both peak and off-peak hours is crucial.

Not only you but your employees are also going to face daily delay problems due to this which may affect your company working style. Look after and inquire with the coworking space about other locations around the same city or location that you and your employees might be able to use save time. Therefore, make sure that the co-working space you select consumes time, resulting in a higher efficient workday.

Relates Post: Key Factors to consider while considering commercial space for rent.

The other occupants :

The concept of coworking itself is that you will be sharing and using space with other people so, before the deal, it is necessary to know the other occupants. The people you are going to share the space must go hand in hand with yours.

For example, if your company is a real estate or technical company which needs quite a working environment cannot co-work with a musical company or an entertainment production company which has a loud environment. Therefore, getting to know your occupants is extremely necessary.

Myrsa helps businesses, service providers, entrepreneurs, retailers, brands, event managers or start-ups to find the temporary space to co-work which they need to test, sell, serve and grow.

June 18, 2019 0

Best Ways To Use Your Empty Parking Space!

Vacant parking lots are not a myth at the present time. Despite the fact that personal car usages are at consistently rising rates a portion of the parking areas still remains to stay vacant. This would be possible for a new building that still needs to fill up their apartments. Or on the other hand, it could be commercial parking lots that are only useful for a certain amount of time and then stay vacant. Or then again even a private parking area that might be vacant amid the day. Haven’t you thought about how you can make a profit off this temporary vacant parking spot?

Here, we are going to talk about what you can do with the empty parking spaces in India if they weren’t mandated as car storage.

The sky is kind of the limit when it comes to making better use of these empty parking spaces, but here are the couple of specific examples of how cities across our country are transforming unused parking into more productive things that offer true benefits to the society, not just temporary car storage.

1.Food truck

Food trucks owners can park their food trucks in the parking spaces of societies or office complexes by renting it for a few hours. Mall parking lots or open parking of offices are good fits for food trucks! Utilize them to rent your space for food truck parking.

If you can’t get a parking lot altogether, you can at least utilize it in a better way by converting an appropriate portion of the space into a food truck area. Whether it’s just a couple spaces reserved for a truck, spaces open to multiple trucks, or even cozy chairs, umbrellas and tables for people to eat their food, this is a win-win situation. If you are the owner of the parking lot, you can rent out these spaces to make a little extra income and you’ll be taking your foot forward to a more active street life, as well as possibly attracting in more customers who may be interested in the food truck options. Food truck operators get a safe place to park and insured footfall from the surrounding businesses.

2.Parks

Fill your space with activity, not just asphalt.

Over the last few years, there have been many examples of cities deciding empty parking space to turn into parks. The transformation from an unutilized parking lot to active park just makes sense. As for the farms, parks essentially just need flat, empty land to begin with. In cities, where green land is particularly treasured and limited, a parking lot is practically guaranteed to produce lot more wealth for people and raise property rates than any parking lot or garage ever could.

On a smaller scale, street parking spaces are often transformed into “mini parks” for a short time or forever to offer outdoor seating and pop-up shop/cafe space. We can see these kinds of things in metropolitan cities these days.

3. Pop-up shops

Customers will be more likely to visit your store if you make their life a little easier. An empty parking space of some mall or a complex can be ideal in certain cities, that can be a good option in these days because of a lot of unused parking spaces available.

Analyse public conveyance routes to see if they run close to your potential store, and check parking meter rates, nearby paid parking lots, and times when street parking is free.

Pop-up shops need temporary parking spaces as they are always on the go! Rental parking spaces are the best for this purpose! Society parking spaces or parking lots of an office complex can be great locations for a pop-up shop!

4. Tasting events

New cafes & restaurants in town can have tasting events in parking spaces of societies or office complexes! Parking spaces assure footfall and are just enough for a stall or two! Rental parking spaces are a good fit for Food Tasting Events!

It’s a pretty smart idea to rent a stall in an empty parking. It gives your brand, a publicity in lesser investment as compared to other ways of advertising. It’s a win-win situation again.

So if you have a parking space that remains empty most of the times, think about all the ways you can make use of them to earn money. Myrsa will make it easier for you! If you wish to rent your parking space, list out your empty spaces on Myrsa on a temporary basis as you wish. And start regular footfalls in your parking space.

October 9, 2018 0

Tag: rent my parking space